The agriculture sector made up 60% of the economic decline in August, followed by the transportation sector, while capital investment and construction buoyed the economy, reports Maria Levitov for BusinessWeek. The government expects the economy to grow 4% this year.
According to the National Intelligence Council, Russia is the sixth most influential nation in the world and that status will likely remain the same in the next 15 years as other emerging markets become more influential, writes Andy Potts for The Moscow News.
For more information on Russia, visit our Russia category.
- Market Vectors Russia (NYSEArca: RSX)
- SPDR S&P Russia ETF (NYSEArca: RBL)
Max Chen contributed to this article.